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ARSC's American Hydrogen Corp and Ohio University Researchers to Develop Ammonia-to-Hydrogen Technology to Fuel Cars

Business Wire, August 28, 2007

ATHENS, Ohio -- American Security Resources Corp. (OTCBB:ARSC) announced today that its subsidiary, American Hydrogen Corp., and Ohio University (www.ohio.edu) have defined the goals for the Sponsored Research that ARSC is funding as part of its worldwide exclusive license to commercialize the patent-pending catalytic electrolyzer technology developed by Ohio University's Dr. Gerardine Botte.

Botte, associate professor of Chemical and Bio-Molecular Engineering at the Russ College of Engineering and Technology, who developed a method for producing hydrogen from ammonia for a fraction of the current commercial cost, will direct the research. The goals are to integrate an ammonia-catalytic-electrolyzer (ACE) with a HydraStax[R] fuel cell from ARSC's Hydra Fuel Cell Corp., upscale current electrode design to large commercial size and demonstrate the ACE technology to power a fuel cell car.

Benjamin Schafer, president of American Hydrogen and CTO of Hydra Fuel Cell, said, "Since we executed the License with Ohio University, we have been presented numerous opportunities to apply the ACE in a number of commercial applications which we're pursuing. Dr. Botte's team of researchers is creating the tools we need to capture these potential customers."

Ohio University

Established in 1804, Ohio University is the oldest public institution of higher learning in the State of Ohio and the first in the Northwest Territory. Serving some 20,000 students, Ohio University has been cited for academic quality and value by U.S. News and World Report, America's 100 Best College Buys, Princeton Review's Best Colleges, and Peterson's Guide to Competitive Colleges. The John Templeton Foundation also has recognized Ohio University as one of the top character-building institutions in the country. Ohio University ranks first in the state of Ohio for nationally competitive awards won by its students.

Related links

Russ College of Engineering and Technology: http://www.ohio.edu/engineering/index.cfm

Dr Botte's faculty home page: http://www.ohio.edu/chemical/people/person.cfm?person=botte

Videos of the technology: http://www.ohio.edu/av/scholars/tech/futurefuel.cfm

American Security Resources Corporation

ARSC is a holding company actively seeking to acquire and develop clean energy companies and technologies. ARSC's Hydra Fuel Cell subsidiary has developed a high volume, mass producible hydrogen fuel cell. Its American Hydrogen Corp. subsidiary is commercializing an inexpensive method to produce hydrogen from ammonia. ARSC's newly formed American Wind Power Corp. will be developing residential scale wind turbines based on the patented Noble Wind Turbine design. It also has an LOI to acquire additional wind power capabilities. For more information, please see: www.americansecurityresources.com

ARSC is a component of the Ludlow Energy SmallCap Index www.ludlowcapital.com/indices.> Safe Harbor Statement

This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.